Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GIBSON HOSPITALITY, LLC
Borrower Address
1805 E HIGHWAY 7
Borrower City
MONTEVIDEO
Borrower State
MN
Borrower Zip
56265-1718
Loan Status Date
02/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
64700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Crossings by GrandStay
Servicing Lender Location Id
36731
Servicing Lender Name
Citizens Alliance Bank
Servicing Lender Address
55 1st St NW
Servicing Lender City
CLARA CITY
Servicing Lender State
Servicing Lender Zip
56222-1271
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MN-07
Jobs Reported
14
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
65175.06
Forgiveness Date
01/07/2021